And let's all join together and wish the People's Bank of China a great weekend!
They'll be back on Monday with another rerference rate for us
OK, in OMOs today too:
People's Bank of China to
- inject 140 bn yuan via 7 day reverse repos
- inject 130 bn yuan via 14 day reverse repos
Net injection of 180bn yuan today
For the week as a total, net 60bn yuan drain 40bn yuan injection (correcting this)